Coral Springs Restaurant Sells for $550K: What This Deal Reveals About South Florida's Booming Dining Market
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Business Sale July 16, 20267 min read

Coral Springs Restaurant Sells for $550K: What This Deal Reveals About South Florida's Booming Dining Market

A well-established Coral Springs restaurant with nearly $1M in annual sales just changed hands for $550,000 — and the deal tells you everything you need to know about where South Florida's restaurant market is headed in 2026.

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Jon Shilalis

Broker/Owner • IBBA Member • Business Brokers of Florida

Key Takeaways

  • A Coral Springs restaurant generating $980,000 in annual sales just sold for $550,000 — a deal that's turning heads across Broward County.
  • South Florida's restaurant acquisition market is hotter than ever in 2026, with SBA financing making it easier than ever for qualified buyers to close.
  • Valuation multiples for independent restaurants are holding at 2.5x–4x SDE — but the right deal structure can move that needle significantly.
  • Lease terms, liquor licenses, and owner dependence are the three biggest deal-killers in Florida restaurant transactions — here's how to navigate them.
  • Coral Springs is quietly becoming one of Broward County's most active markets for restaurant acquisitions — and smart buyers are already paying attention.

Transaction Details

BusinessCoral Springs Grille
IndustryRestaurant
LocationCoral Springs, FL
Sale Price$550,000

The Deal That's Got Everyone Talking in Coral Springs

Let's cut right to it. A well-established restaurant in Coral Springs — one that was pulling in $980,000 in annual sales as recently as 2025 — just sold for $550,000. Favorable lease at $3,895/month. Turnkey operation. Fully equipped kitchen. And a buyer who knew exactly what they were looking at.

So what does this deal actually tell you about the South Florida restaurant market right now? A lot. And if you're a buyer or seller sitting on the sidelines, you need to hear this.



Breaking Down the Numbers: Why $550K for a $980K-Revenue Restaurant Makes Sense

Here's what nobody tells you about restaurant valuations: revenue alone doesn't set the price. What matters is what's left after you pay the bills — the Seller's Discretionary Earnings (SDE). And in Broward County's current market, independent single-location restaurants are trading at 1.5x to 3x SDE.

Run the math on this Coral Springs deal and it checks out perfectly. With $980,000 in gross sales and a lean monthly rent of under $4,000, a well-run operation in this range could generate $150,000–$200,000 in annual SDE. At a 2.75x multiple, you land right around that $550K price point.

This is not a distressed sale. This is a textbook, market-rate transaction.



Why Coral Springs Is Quietly Becoming Broward's Hottest Restaurant Market

Coral Springs doesn't always get the headlines that Fort Lauderdale or Miami grab — but it absolutely should. The city's economy is anchored by healthcare, technology, and professional services, which means you've got a steady, high-income customer base walking through restaurant doors every single day.

That's not an accident. That's a market condition that smart restaurant buyers are actively seeking out. And right now, there are multiple active listings in Coral Springs ranging from $125,000 asset sales all the way up to $899,000 for a buffet operation doing over $4 million in annual revenue.

The pipeline is real. The demand is real. And the deals are getting done.



The SBA Financing Factor: Why 2026 Is a Buyer's Window

Real talk — the SBA lending environment right now is genuinely favorable for restaurant acquisitions. The SBA 7(a) program allows buyers to finance up to $5 million with repayment terms up to 10 years for working capital and equipment. For a deal like this Coral Springs transaction, a qualified buyer could potentially put down 10–20% and finance the rest.

Florida leads the nation in SBA-backed small business loans — and restaurants are consistently among the top sectors by loan count. That's not a coincidence. It's a signal that lenders understand the cash flow potential of well-run Florida food service operations.

If you've been waiting for the right moment to buy a restaurant in South Florida, the financing environment is telling you: now.



The Three Things That Make or Break a Florida Restaurant Deal

Look, here's what nobody tells you about buying a restaurant in Broward County — there are three factors that will either make your deal sing or blow it up entirely. And they have nothing to do with the food.

1. Lease Terms Are Everything

In Florida's restaurant market, a lease with less than 5 years remaining and no renewal option can compress your valuation by 20–40%. That's not a rounding error — that's the difference between a great deal and a disaster. Always, always, always get a lease assignment or a new lease negotiated as part of your purchase agreement.

2. Liquor Licenses Are a Separate Asset

Florida liquor licenses — especially a 4COP full liquor license — are often valued separately from the business itself at closing. In Broward County, these can add $50,000–$150,000 to the total transaction value. Don't let a seller bundle it into the goodwill calculation without scrutiny.

3. Owner Dependence Kills Deals

If the restaurant only runs because the owner is there 70 hours a week, that's a problem. Buyers and lenders both discount heavily for owner-dependent operations. The fix? A documented management structure and a General Manager who can run the show. That single change can shift your valuation basis from SDE to EBITDA — and unlock significantly higher multiples.



What Sellers in Coral Springs, Fort Lauderdale, and Beyond Need to Know Right Now

If you own a restaurant in South Florida and you've been thinking about selling — whether in Coral Springs, Fort Lauderdale, Deerfield Beach, or anywhere in Broward County — the market is working in your favor right now. Buyer demand is strong. SBA financing is accessible. And deals are closing.

But here's the thing: good Florida deals do not sit on the market. The Coral Springs transaction we're discussing moved because the seller had clean financials, a favorable lease, and a broker who knew how to position the deal. That combination is rare — and it's exactly what separates a smooth closing from a deal that drags on for 18 months.

The typical restaurant transaction in this market takes 12–18 months from listing to close. If you're thinking about selling in 2026 or early 2027, the time to start preparing is right now — not six months from now.



The Real Talk: What This Deal Means for the Broader South Florida Market

Zoom out for a second. This Coral Springs restaurant sale isn't just one transaction — it's a data point in a much larger story about South Florida's food service economy. Miami's Brickell corridor is seeing record restaurant rents. Palm Beach County is attracting high-net-worth buyers from out of state. And Broward County — anchored by cities like Coral Springs, Fort Lauderdale, and Pompano Beach — is quietly absorbing a wave of acquisition activity from buyers who got priced out of Miami.

The fundamentals are strong. Population growth, tourism, and inbound migration from the Northeast and Midwest continue to fuel demand for dining experiences across the region. And with EBITDA multiples for manager-run restaurant platforms reaching 4x–7x, the upside for well-positioned sellers is genuinely compelling.

This market rewards preparation. It punishes hesitation.



The Bottom Line

The Coral Springs restaurant sale at $550,000 is a clean, well-structured deal that reflects exactly where the South Florida market is right now — active, competitive, and full of opportunity for buyers and sellers who know what they're doing. Whether you're looking to acquire your first restaurant or exit a business you've built over years, the window is open.

At Sun Biz Broker, we specialize in exactly these kinds of transactions across Coral Springs, Fort Lauderdale, Boca Raton, and the entire South Florida region. We know the market, we know the buyers, and we know how to get deals done. Ready to find out what your restaurant is worth — or find the right acquisition? Visit sunbizbroker.com or reach out to our team today. Let's talk deals.

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